Stable Road Acquisition settlements

Stable Road Acquisition Corp. was the subject of a securities class action settlement covering investors who purchased or acquired SRAC securities between October 7, 2020 and July 13, 2021, and sustained damages. The $8,500,000 total settlement carried an estimated average recovery of $0.40 per eligible security before fee deductions. The claim deadline of April 5, 2024 has passed, and this verified record is preserved here for documentation.

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Stable Road Acquisition Corp. settled a securities class action for $8.5 million, resolving claims that investors were misled ahead of its SPAC merger. The settlement covered purchasers of SRAC securities between October 2020 and July 2021, with an estimated average recovery of $0.40 per security before fees. The claim filing window closed April 5, 2024.

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